Wipro, Infosys, Tech Mahindra Revoke Offer Letters Given to Freshers: Reports
IANS 04 October 2022
Top IT (information technology) and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months.
 
According to reports, hundreds of freshers were given offer letters but, first, the joining of those candidates were postponed and, finally, their offer letter was revoked.
 
The news, first reported by The Hindu BusinessLine, quoted emails sent by these companies to the freshers whose offer letters were rejected.
 
According to the reports, the students received these offer letters after several rounds of interviews and a rigorous selection process.
 
"It has been identified that you are not meeting our academic eligibility criteria. Hence your offer stands null and void," one of the emails read.
 
The companies were yet to react to the reports.
 
The global macroeconomic conditions, amid recession fears and rising inflation, have hit the Indian industries, and the IT/tech industry in the country is not immune.
 
Experts have earlier said that the momentum in the Indian IT industry would slow down further in times to come.
 
TCS earlier postponed variable pay to its employees while Infosys reportedly slashed it to 70% and Wipro deferred it completely.
 
According to a latest report by Naukri.com, the IT sector recorded a de-growth of 10% in hiring activity in August.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
Comments
anilkk65
2 months ago
The companies must be held accountable at least for keeping the candidates in suspense for delayed joining, also for lapse in their own process that determined the candidates eligible to be offered a position. Moreover, the law must hold them accountable for a manipulative and unfair communication to candidates that declares them lacking in qualification and/or other parameters eroding their confidence. Despite, being a shareholder in some of these companies, I am fully against the unfair and unethical business practice.
milindnadkarni
2 months ago
Demonstration of callous and careless set of HR practices by so called "software majors". When someone goes through a series of carefully planned evaluation tests / interviews and then given an offer letter followed by cryptic email 4+ months down the line saying " ...you do not meet educational criteria... " vividly displays careless attitudes of the IT majors and lack of seriousness to say the least.
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